Prime Minister Mette Frederiksen has announced Denmark will raise the defence spending to 3% of the GDP with a hike of $7 billion over the next two years

The country's defence budget would increase to over 3.2 per cent of GDP, as Nato nations face pressure from Trump to increase spending Denmark would increase its military budget by a combined 50 billion crowns (US$6.

Denmark will increase its military budget by a combined 50 billion crowns ($6.99 billion) this year and next to address acute shortcomings, most notably in surface-to-air missile defence systems, the prime minister said on Wednesday.

The Danish government has announced plans to bolster its military by setting up a 50 billion-kroner ($7 billion) fund that it says will raise the country’s defense spending to more than 3% of gross domestic product this year and next.

The government said it will raise the country’s defence spending to more than 3% of gross domestic product (GDP) this year and next.

Denmark plans to accelerate its defense modernization by spending an additional 50 billion krone ($7 billion) in 2025 and 2026, the country’s government has announced. Copenhagen will create an Acceleration Fund to enable faster procurements to support the country’s defense and security.